On Friday, the NSE Nifty 50 and BSE Sensex recorded their best sessions in over five months, ending with over 2% gain. The Nifty 50 ended 557.35 points, or 2.39%, higher at 23,907.25, and the Sensex closed 1,961.32 points, or 2.54%, higher at 79,117.11.
The benchmark indices witnessed a sharp rise post 1:30 p.m. on Friday. The Nifty 50 rose as much as 2.6% to 23,956.10, and the Sensex jumped 2.67% to 79,218,19. It’s the highest intraday jump since June 5.
Overseas investors remained net sellers of Indian equities for the 38th consecutive session on Friday, while domestic institutional investors stayed net buyers for the 13th straight session.
Foreign portfolio investors net sold stocks worth Rs 1,278.4 crore, according to provisional data shared by the National Stock Exchange. The DIIs were net buyers of shares worth Rs 1,722.2 crore.
